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vice president biden will probably come to capitol hill tonight. they don't like the rate ares and there is still some hesitation. the big story tonight is that republicans are going to unit behind mcconnell. going to leave it there. thank you gentlemen. we are going to go back to washington and get an update on this developing story. that comes later. don't forget folks free market capitalism is the best path to prosperity. it means limited government and limited government spending and rewarding success. i'm kudlow and the kudlow report will be right back. >> this new year's day kick off 2013 in style with the look at what made 2012 unforunforgettab. the new year's day marathon all day on cnbc. nderstand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. w
vice president biden will probably come to capitol hill tonight. they don't like the rate ares and there is still some hesitation. the big story tonight is that republicans are going to unit behind mcconnell. going to leave it there. thank you gentlemen. we are going to go back to washington and get an update on this developing story. that comes later. don't forget folks free market capitalism is the best path to prosperity. it means limited government and limited government spending and...
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Dec 31, 2012
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these are talks between biden and mcconnell. what they agreed to is 39%, 39.6, rather, of individuals over $400,000 in income. married couples above $450,000. estate tax to 40% for estates over $5 million p.m. and rise in dividend rates. can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to gum up the works. but there is the way the to and fro negotiation of president obama making sure his own troops are in line if he makes a deal. >> absolutely. talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market
these are talks between biden and mcconnell. what they agreed to is 39%, 39.6, rather, of individuals over $400,000 in income. married couples above $450,000. estate tax to 40% for estates over $5 million p.m. and rise in dividend rates. can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in...
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have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so many small businesses and farms and ranches and job creators. so the democrats are divided. we're going to meet at 4:30 to go over the specifics of the agreement to see if it's something that we will vote for. >> how are you on the republican side? are you divided on this tax issue they've agreed apparently to an income tax increase to 39.6% on individuals making $400,000 and $450,000 for couples. >> we're united in wanting to make sure any increase in tax revenue specifically goes to dealing with the debt and the deficit and is not used on additional programs. i mean, the president seems to underpl
have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so...
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Dec 27, 2012
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lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us. lee, on this news it seems as if the market is getting its hopes up. personally i feel i will believe it when i see it. would you agree? >> yeah. you should wait until this is actually the ink is dried. here's one thing that's really changed in sentiment over the last week, mandy. last week everybody was talking about having this deal baked into the bryce price. now all of a sudden, as if some miracles happened, traders are actually talking about buying more puts and putting on more hedges. i can tell investors out there that it doesn't matter if december 31st we have a deal or if it goes a few weeks in january. all we need to know sunday night, monday morning is that they are working on a deal, and they are still at table. outside of that everything is just noise. >> jared, you know washington very, very well. we've been trying to read
lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us. lee, on this news it seems as if the market is getting its hopes up. personally i feel i will believe it when i see it. would you agree? >> yeah. you should wait until this is actually the ink is dried. here's one thing that's really...
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meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards
meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of...
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i will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together. >> but it's not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard, so we're not going to try. so what i intend to do is i will call all the stakeholders together. i will meet with republicans, i will meet with democrats. i will talk to anybody. i think there's a variety majority of responsible gun owners out there who recognize we can't have a situation in which somebody with, you know, severe psychological problems is able to get the kind of high capacity weapons that this individual in newtown obtained and gunned down our kids. and, yes, it's going to be hard. >> should we have an armed guard at every school in the country? that's what the nra told me last week. >> i'm not going to prejudge the recommendations that are given to me. i am skeptical that the only answer is putting more guns in schools. and i think the vast majority of the american people are ske
i will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together. >> but it's not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard, so we're not going to try. so what i intend to do is i will call all the stakeholders together. i will meet with republicans, i will meet with democrats. i will talk to anybody. i think there's...
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here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester
here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the...
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and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that. john harwood in washington. lawmakers, as john say, continue talks this morning as we inch closer to the cliff itself. what role is the no-tax pledge playing in the negotiations. founder of americans for tax reform joins us this morning not too far from where john is sitting. grover, good morning. >> good morning. good to be with you. >> you've been quoted as saying that rates will not increase. that kind of flies in the face with what john just told us. what's true? >> well, two things. earlier, my point was that as long as these negotiations were conducted with c-span cameras there, and
and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that....
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biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john talked about, about some optimism last night, see some snippets of it in some of the news coverage overnight, is essentially some deal to increase taxes, to put off sequestration cuts, and to add some additional spending in the form of extending unemployment benefits. so you're talking about bringing to the house floor a bill to raise taxes, and increase spending, and put up -- >> they say forget about it with boehner. >> i just don't see it in this context. and you know, if people aren't -- >> -- thought that we would -- >> we've been saying this for awhile. >> and i also want to
biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john...
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cnbc contributor and former chief economist to vice president biden. we've been talking to you for weeks and weeks on end about the same topic, do you have something new, something different, to tell us about what could possibly, possibly happen over the weekend? >> well i thought it was kind of cool and new that you decided to have me in here to talk about something different than the fiscal cliff. the kind of things eamon was just talking about. so i'm ready to make some of my own calls. >> we'll take that, but -- i just need you on the cliff for a second. >> sure, no i understand. you need me on the cliff. for a long time -- for a long time i've been saying it's really questionable, a real linchpin here is whether john boehner can bring his troops along. i think we have pretty strong evidence of that a real tough one for him. at this point, unless he's willing to say, i'll allow a vote to get over the transom with majority democrats then it looks to me like we're going over the cliff and i don't think he's willing to do that before the end of the ye
cnbc contributor and former chief economist to vice president biden. we've been talking to you for weeks and weeks on end about the same topic, do you have something new, something different, to tell us about what could possibly, possibly happen over the weekend? >> well i thought it was kind of cool and new that you decided to have me in here to talk about something different than the fiscal cliff. the kind of things eamon was just talking about. so i'm ready to make some of my own...
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i was here yesterday, i'm looking for a dance partner, even saying he and joe biden have solved problems before. that's a hopeful sign. that there's a willing partner he can trust at the table. but the fact that you know you can get to point where people don't even have a counteroffer obviously is frustrating and it's really neither side should look to the american people like they're giving up until the very last minute. >> a.b. stoddard, thank you very much. we always appreciate your insight. >> there may be bickering on capitol hill about the fiscal cliff, but outside of washington, americans want something done and yes, they want it done now. >>> and the oak ridge boys have been crooning for the ailing president, george h. bush and someone who was there will join us to tell us how it went. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easie
i was here yesterday, i'm looking for a dance partner, even saying he and joe biden have solved problems before. that's a hopeful sign. that there's a willing partner he can trust at the table. but the fact that you know you can get to point where people don't even have a counteroffer obviously is frustrating and it's really neither side should look to the american people like they're giving up until the very last minute. >> a.b. stoddard, thank you very much. we always appreciate your...
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vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i don't know what the conference will do. i think essentially the speaker said let the senate do it. now it's back. so i don't really know. but i do think the bill will come up today. the notion there will be amendment, i just don't think that's feasible. i think everybody should plan that after due deliberation the republicans that we're likely to have a vote today. the markets aren't open today. they will be tomorrow. i don't think we should go over the cliff for 24 hours. >> dangling is no fun. thank you for being with us. i sure hope you're hard
vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i...
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vice president joe biden and mitch mcconnell are at the center of the talks. and we're locked in urgent negotiations late last night while the senate has just reconvened while the house is on standby. good morning, sir. if it comes down to a vote, you're the one who will count the votes as the house minority whip. what are you hearing from your senate counterparts this morning? any signs of progress there? >> there are some signs of progress. we have heard that there is another offer on the table by the administration to reach agreement. in terms of the specifics, i don't know all the specifics. some of which i'm not too happy with. some of which i don't think make the math work, but i think the most important objective is of the administration's and to not go over this cliff, to make sure working americans don't get a tax increase tomorrow and to make sure that those on unemployment who have been unable to find a job have some help in the week ahead. i think we need to keep our powder dry to remain positive. there's still time to act and we need to reach agre
vice president joe biden and mitch mcconnell are at the center of the talks. and we're locked in urgent negotiations late last night while the senate has just reconvened while the house is on standby. good morning, sir. if it comes down to a vote, you're the one who will count the votes as the house minority whip. what are you hearing from your senate counterparts this morning? any signs of progress there? >> there are some signs of progress. we have heard that there is another offer on...
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we reported that joe biden, the environment, is in the building. our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the meeting you were talking about with the senator. sounds as though they're doing a little talking about -- a little bit of a game plan about how they're going to present this to the caucus, and obviously, that's a very delicate issue for reasons we have been talking about. the democratic caucus, many of them are not happy. in fact, i have to tell you i was told by one democratic senator when they put up on a screen, they put up yesterday in a meeting that democrats were having, they put up almost
we reported that joe biden, the environment, is in the building. our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to...
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tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those are the people who these negotiations are about. every day americans who work these types of jobs, who are every day americans and so there you go. i think that is absolutely tells the story. >> don, i want to -- >> go ahead. >> i want
tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the...
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. >> lawmakers and vice president biden struggling all day on a deal, but no final vote. at least so far. we'll get the latest from the hill and show what this means for you and your taxes starting tomorrow. >> ali is going to be with us for the next hour or two or three. who knows. we're also watching a very serious health scare for the secretary of state, hillary clinton. she's now hospitalized with a blood clot. doctors are revealing where it is. we want to welcome our viewers in the united states and around the world. >>> we'll get to the fiscal cliff negotiations. there's movement right now, but first, startling new information we're learning about the blood clot that landed secretary of state hillary clinton in the hospital this new year's eve. her doctor is now revealing it's located in her head between her brain and her skull. let's go straight to our chief medical correspondent, dr. sanjay gupta for the latest. they issued a pretty detailed statement, sanjay. walk us through what we know about the secretary's condition. >> well, what they have told us, just over
. >> lawmakers and vice president biden struggling all day on a deal, but no final vote. at least so far. we'll get the latest from the hill and show what this means for you and your taxes starting tomorrow. >> ali is going to be with us for the next hour or two or three. who knows. we're also watching a very serious health scare for the secretary of state, hillary clinton. she's now hospitalized with a blood clot. doctors are revealing where it is. we want to welcome our viewers in...
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senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi, republicans are very concerned that if that not be used as an offset to reduce or to replace some of the spending cuts that you would occur in the sequester, that democrats put forward an alternative and so this is a process. obviously, there's a lot of give and take going on now, but republicans don't want to see new revenues, in other words, democrat tax increases, be used for new spending. so that's sort of where many of our members have drawn the line now. >> that is where it times to be one of the big road blocks are right now, democrats -- you-all want to use what's known as chained cpi, which is a technical -- i won't get into it now but would effectively really affect social security recipients to replace the sequester, which is $100 billion in cuts and democrats want to use new revenue from tax increases to replace the sequester. is that where you see i
senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi, republicans are very concerned that if that not be used as an offset to reduce or to replace some of the spending cuts that you would occur in the sequester, that democrats put forward an alternative and so this is a process. obviously, there's a lot of give and take going...
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and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path forward and this very late hour. ali, i'm not saying there will be. >> which is why nobody is saying we're done. nobody is saying this is over. you know, for the last few weeks, most people will recall that the conversations have been between president obama, at least the public ones, between president obama and john boehner. john bain certificate sort of sitting this one out. it's now harry reid, the senate majority leader, the democrat, and mitch mcconnell, the senate minority leader, the republican and joe biden has been
and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and...
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mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts to have conversations to be able to find bipartisan agreement. these are the two men who negotiated an extension of the bush era tax cuts for two years. that happened two years ago when republicans had a lot of political capital because they just won the house in a big way. whether or not these two men are actually going to be the ones to strike a deal, we're not sure, but we are told, our ted barrett and jessica yellin and i are told by multiple sources that it does seem that at this point, at this late hour, the talks are primarily centered around and between these two men, between mitch mcconnell, t
mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts...
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vice president biden is at the white house, he is at work. and there have been phone calls between the two -- between mcconnell and the vice president and harry reid spoke to the president as well. but you know, everything gets done electronically now, that is how it works, answer to your question. >> jessica, i appreciate it, blackberry probably does too. >> when the blackberry actually works. >> see how this all -- how it all plays out and hopefully soon, jessica yellin, thank you very much. >>> next, more voices and they weigh in on where we stand in this negotiation process. stay here. these new phones they got us are great. yeah, its the galaxy note ii. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work
vice president biden is at the white house, he is at work. and there have been phone calls between the two -- between mcconnell and the vice president and harry reid spoke to the president as well. but you know, everything gets done electronically now, that is how it works, answer to your question. >> jessica, i appreciate it, blackberry probably does too. >> when the blackberry actually works. >> see how this all -- how it all plays out and hopefully soon, jessica yellin,...
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because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >> brianna keilar in washington, thanks for being with us. we'll talk to you again real soon >> staying in the capital now with jonathan allen. senior congressional correspondent for politico. john, give us some sense of the word from the house this morning. because we're going to spend a lot of time telling all those folks who might have been doing something other than paying attention to what was going on with the fiscal cliff overnight what the details of the plans are. we wasting our breath? is this going to make it through the house? >> the message we're hear
because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >>...
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and vice president biden is going to address the caucus at 12:15. and so i hope -- i hope -- i hope he and the president will work the phones and get these people to support it. >> reporter: you're retiring. >> right. >> reporter: after 36 years. >> right. >> reporter: in the house of representatives. >> that's right. >> reporter: a long time. so this is probably the last vote that you take as a congressman? >> it will be one of last votes. we have to have vote on adjournment. we also have the supplemental coming up. >> reporter: that's true. >> very important, new jersey and new york. and i'm the ranking democrat on appropriations. so i'm going to get one last chance to be on the floor battling. we're supporting this bill. >> reporter: talk about you have seen things change here. and change when it comes to both parties, the atmospherics, dynamics. >> well, it's -- when i first got here, we had 295 democrats. it wasn't even conceived the republicans would be in the majority. and so people worked together. it was a completely different atmosphere. w
and vice president biden is going to address the caucus at 12:15. and so i hope -- i hope -- i hope he and the president will work the phones and get these people to support it. >> reporter: you're retiring. >> right. >> reporter: after 36 years. >> right. >> reporter: in the house of representatives. >> that's right. >> reporter: a long time. so this is probably the last vote that you take as a congressman? >> it will be one of last votes. we...
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. # vice president biden was in the senate. it was clearly on people's minds. also what was in the room, it's interesting, was one of the aspects that came out of desert one and that was the formation of a unified special operation forces command, the very troops, the forces here that would carry out this operation that had become such a unique asset of the united states. >> the president made one decision informed it seems to me like that history, which is he asked for two backup helicopters. >> the president asked for enough assets to ensure that the united states on its own could get in and could get out of the abbottabad compound. >> so now take us to that moment or was it a series of meetings what we now know is that vice president biden voiced reservations about an actual raid as opposed to a missile strike. secretary gates did. some key military leaders did. what was that like? was it a situation where the majority of the president's advisers were urging him not to do this? >> to get to this point, there were two dozen interagency meetings leading up to
. # vice president biden was in the senate. it was clearly on people's minds. also what was in the room, it's interesting, was one of the aspects that came out of desert one and that was the formation of a unified special operation forces command, the very troops, the forces here that would carry out this operation that had become such a unique asset of the united states. >> the president made one decision informed it seems to me like that history, which is he asked for two backup...
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a deal crafted by vice president joe biden and minority leader mitch mcconnell passed the senate by a margin of 89-8. that vote wrapped up after 2:00 a.m. eastern time. the house takes up this plan later on this morning. no telling on how that will turn out if the house approves, the deal will estimate a generated $600 billion over the next ten years this is how senate leaders of both sides of the aisle are assessing the measure. >> i have said all along, the most important priority is protecting middle class families. >> this suhouldn't be the model for how we do things. but we can say we've done some good for the country. >> bush era tax cuts will remain in place for individuals earning less than 400,000, couples earning less than 450,000. unemployment benefits for 2 million americans would be extended for a year. the alternative minimum tax permanently adjusted for inflation. and when it comes to spending cuts, lawmakers decided to kick that can down the road for two mont more months. we can expect more finger pointing and fighting to start the new year. brianna keel ar, with us al
a deal crafted by vice president joe biden and minority leader mitch mcconnell passed the senate by a margin of 89-8. that vote wrapped up after 2:00 a.m. eastern time. the house takes up this plan later on this morning. no telling on how that will turn out if the house approves, the deal will estimate a generated $600 billion over the next ten years this is how senate leaders of both sides of the aisle are assessing the measure. >> i have said all along, the most important priority is...
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whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. >>> i'm don lemon, and this is cnn's top ten of 2012. this hour we look at the stories that captured our attention. what we see as the biggest stories of the year, around the world in crime, money, weather and even the biggest scandals. and later this hour, the big reveal of the most intriguing people of the year as chosen by you. we begin with the topic that dominated our coverage for much of the year. here's cnn's political correspondent candy crowley with the top phen political stories of 2012. >> picking the top ten moments of an elect
whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to...
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mcconnell and joe biden are talking. when things between mcconnell and reid stopped working, mcconnell, highest ranked republican in the senate, reid the highest ranking democrat in the senate. we have to believe some work is being done somewhere. >> some of it is being done somewhere. talking to an aide to senator mcconnell, we understand that discussions between biden and mcconnell went into the night so this is something that they are working on, although certainly, yes, it's being left to the last minute and unclear if we'll avert the fiscal cliff. talk to snom senators, and they say we are going over the cliff. some way they think there will be a deal by tonight and a vote by tonight, but the fact is it's very iffy. here is what's not iffy. an incentive if we go over the cliff to get this done. because it is -- both sides have been preparing themselves for the blame game. it is in full swing now. president obama said, basically saying if we go over the cliff, he is really going to take aim at republicans more than h
mcconnell and joe biden are talking. when things between mcconnell and reid stopped working, mcconnell, highest ranked republican in the senate, reid the highest ranking democrat in the senate. we have to believe some work is being done somewhere. >> some of it is being done somewhere. talking to an aide to senator mcconnell, we understand that discussions between biden and mcconnell went into the night so this is something that they are working on, although certainly, yes, it's being...
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be a novelist for a second and tell us what happened on friday when president obama, vice president biden, senators reid and mcconnell and representatives boehner and pelosi were in the white house. clearly we all know what's going on. what happened? how did that play out? how did that discussion go? did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the understanding of how this plays out. and senator mcconnell -- you know, they say, listen, we're going to take it up between us. let senators reid and mcconnell really resolve this together. and those are, as i said, two men who kn
be a novelist for a second and tell us what happened on friday when president obama, vice president biden, senators reid and mcconnell and representatives boehner and pelosi were in the white house. clearly we all know what's going on. what happened? how did that play out? how did that discussion go? did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic...
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it's also a signal to their fellow democrat in the white house, namely vice president joe biden. that's just an example of how intricate, delicate and strange these negotiations are right now as we just get down to the wire. >> yeah. they are rather strange. do we think there's any movement on the president's part? you've been reporting the fact you've got the -- the number was originally 250,000, anybody making more than that would get a tax hike. now that's at potentially $450,000. there's some movement on the white house's part as well? >> reporter: it seems to be. as you said, we reported earlier today that democrats had put on the table, i believe, as early as saturday night the idea of moving that income threshold up to $450,000 a year. that is, we understand, still on the table. that's for households. jessica yellen at the white house is reporting that the number for individuals right now is $400,000, meaning tax cuts for everybody up to those levels, $400,000 for an individual, $450,000 for a household would stay in place. for everybody else, the tax rates would expire. t
it's also a signal to their fellow democrat in the white house, namely vice president joe biden. that's just an example of how intricate, delicate and strange these negotiations are right now as we just get down to the wire. >> yeah. they are rather strange. do we think there's any movement on the president's part? you've been reporting the fact you've got the -- the number was originally 250,000, anybody making more than that would get a tax hike. now that's at potentially $450,000....
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mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting a little bit of what they want. can -- why did they have to call biden in at the last minute? why didn't they call him earlier? why are we here today on the last day of december? why couldn't this have been done weeks ago? >> deb, we're here at the last day of december in the final hours because of a culture of division and dysfunction in washington, d.c. and it didn't happen overnight. it has been created over a long time, because the polarization of the two parties, the system of redistricting that reduced the number of swing districts to one-third what they were 20 years ago, so the incentiv
mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting...
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vice president joe biden will see his pay jump from $225,000 to nearly $232,000 a year. house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate minority leader mitch mcconnell talked through the night and vow to keep these negotiations going on today. the gridlock in washington could also hold up your tax refund. you might have to wait until late march to file if congress does not approve a short-term fix for the alternative minimum tax in the next few days. same issue two years ago delayed the opening of tax season by four weeks to mid-february. >>> former president george h.w. bush is still in a houston hospital but no longer in intensive care.
vice president joe biden will see his pay jump from $225,000 to nearly $232,000 a year. house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14...
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vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin with. significant distance between the two sides, but negotiations continue. >> the consequences of this are too hot for the american people to be engaged, in a political messaging campaign. i'm interested in getting a result here. >> we followed th
vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal....
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vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for having me. >> sheila brought up a name we haven't talked about, vice president joe biden instrumental and the smile on his face as he was walking around capitol hill, he's like i am in the middle of this, i'm in both feet, happy man. >> because last week the sniping between harry reid and mitch mcconnell was pretty dramatic and many points downright unhelpful, and to somehow see joe biden go in there and i don't know what he did. look at that smile. i don't want fairy dust he's sprinkled all over the place but it helped. >> every minute he's spent in the senate
vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for...
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and this was in fact something that joe biden found a way to get the art of the possible. send something to the senate that the house could consider. now it's in the house. what we find missing from it sl any kind of reasonable spending reduction, something that the house has dealt with in committee. we've bubbled it up. we have a lot of figures. quite frankly, the lack of sequestration, the idea that in two months, in addition to this, we'll be dealing with the cliff in defense and sequestration and the cliff in the sense that we don't raise the debt limit, i think they could easily be dealt with today. i'm with eric cantor. this bill in its present form is not good enough and the american people are smart enough to know that what you don't pay today and owe tomorrow, you'll have to pay tomorrow. >> we've got to go, congressman. you still have confidence in the speak a speaker? >> i have confidence in the speaker. he's making the process open but of course that includes people like myself and leader cantor who say we have to be open to change. >> darrell issa, thank you v
and this was in fact something that joe biden found a way to get the art of the possible. send something to the senate that the house could consider. now it's in the house. what we find missing from it sl any kind of reasonable spending reduction, something that the house has dealt with in committee. we've bubbled it up. we have a lot of figures. quite frankly, the lack of sequestration, the idea that in two months, in addition to this, we'll be dealing with the cliff in defense and...
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vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is sa
vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the...
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the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of reto
the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support....
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we're getting new word now on the vice president of the united states, joe biden. what will he do if there's a senate vote tonight? stand by. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each
we're getting new word now on the vice president of the united states, joe biden. what will he do if there's a senate vote tonight? stand by. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one,...
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we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're hearing is the history of what has happened to bring us to this point. i want to bring in our congressional correspondent dana bash. dana, i was just sitting here imagining someone turning on their tv thinking, what a these people talking about? and i think i would sort of boil it down to this. when they are talking on the floor, that's never a good sign. they should be talking in a back room. they have gotten nowhere. we are where we are and nobody has agreed on to come up with something. >> reporter: that is right, candy. this is the kind of stuff that we watch and people who watch
we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're...
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the first one, most importantly, he is missing his dance partner joe biden. he has been kept on the sidelines during negotiations. some republicans think his absence is a sign that the president is not serious about closing a deal. mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have not seen that happen. host: from mark williams, what will be specifically affected in the economy if we go over the cliff? guest: instead
the first one, most importantly, he is missing his dance partner joe biden. he has been kept on the sidelines during negotiations. some republicans think his absence is a sign that the president is not serious about closing a deal. mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the...
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the republican leader calls joe biden off the bench, right. this is kind of what we all had been waiting for. the senate republican leader and the vice president have a good working relationship. we saw that last summer in the debt ceiling debate. those two guys swooped in at the end and helped make a deal happen. when i talked to mcconnell's folks last week, they said, you know, the vice president has been on the sidelines here. we have not been contacted by them. we have not been contacted by the president. it was an interesting move by mitch mcconnell to call joe biden today and try to jump-start these negotiations when they locked up with the majority leader on the democrat side. that will be something to watch in the coming hours. democrats are concerned he will cut a bad deal. they're feeling pretty good right now. will joe biden come in an emboldin the republicans or will the dems hang together across pennsylvania avenue from the white house to congress. a big storyline that we're all watching very closely. >> now that we here that they
the republican leader calls joe biden off the bench, right. this is kind of what we all had been waiting for. the senate republican leader and the vice president have a good working relationship. we saw that last summer in the debt ceiling debate. those two guys swooped in at the end and helped make a deal happen. when i talked to mcconnell's folks last week, they said, you know, the vice president has been on the sidelines here. we have not been contacted by them. we have not been contacted by...
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the republican leader calls joe biden of the bends. -- bench. this is what we have all been waiting for. the republican leader and the vice president have a good working relationship. we saw that last summer. they swooped in and helped make a deal happen. mcconnell's folks said the vice president has been on the sideline. it was an interesting move by mitch mcconnell to try -- to called joe biden today and jump start the negotiations. i think that will be something to watch in the coming hours. how does he play? there are democrats that are concerned he will cut a bad deal. they are feeling pretty good right now. will the democrats hang together across pennsylvania avenue from the white house to congress? a big story line we are watching right now. >> we hear they are coming back, and senator reed wants to bring the senate back. is it likely he will have a deal? >> i wish i could tell you that. if i could, i would be a millionaire. i would be making bets on the starch market. -- stock market. the hope is that there could be some kind of deal. de
the republican leader calls joe biden of the bends. -- bench. this is what we have all been waiting for. the republican leader and the vice president have a good working relationship. we saw that last summer. they swooped in and helped make a deal happen. mcconnell's folks said the vice president has been on the sideline. it was an interesting move by mitch mcconnell to try -- to called joe biden today and jump start the negotiations. i think that will be something to watch in the coming hours....
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biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session, the washington times reports that the country technical felt that this will cut. there is still little bit of time. -- allen in fairfield, illinois, republican caller. all of let's get rid of congress, fire them, vote them out of office. host: why is that? caller: they are not doing them -- doing what we want them to. host: which is what? caller: to the deficit down, and do what we put them in there to do. host: how should that be done, alan? caller: i'm not sure about that. host: social security, medicare, medicaid? caller: they should be on the
biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session,...
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Jan 1, 2013
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vice-president joe biden was meeting with democrats tonight. we will hear from president we will hear from president obama about
vice-president joe biden was meeting with democrats tonight. we will hear from president we will hear from president obama about
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joe biden is meeting with house democrats. the vast majority of them seem ready to support the measure making its way through the house. with the new congress coming in on thursday, if the measure is not passed within that time, it will have to be completely reintroduced in the new congress. republicans are said to me in about five minutes to continue a discussion about whether or not to support the measure that was sent to them by the senate in the early morning hours. some tweaks coming from reporters in the halls of the capital. the political wire says democratic leaders say they will not take up a bill if it is amended by house republicans. "we are done. " a retweet from joe biden says "i think we are going to be fine." a number of different views and issues depending on which party is talking about the fiscal clef. we are going to, of course, keep you updated on the c-span network. in the meantime, take a look back at what senator dick durbin had to say earlier today from the senate floor. >> it was after 2:00 a.m. this m
joe biden is meeting with house democrats. the vast majority of them seem ready to support the measure making its way through the house. with the new congress coming in on thursday, if the measure is not passed within that time, it will have to be completely reintroduced in the new congress. republicans are said to me in about five minutes to continue a discussion about whether or not to support the measure that was sent to them by the senate in the early morning hours. some tweaks coming from...
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Dec 31, 2012
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mitch mcconnell and joe biden in talks. we will move to the jump page on some of the sticking points in this. democrats oppose it to let the tax cuts expire on incomes over $450,000 a year. host: that from inside "the washington post." ed is on the phone from michigan. good morning to you. caller: good morning, c-span. i have listened to some of what the democrats have said. the way i look at it -- if the rich, if they are worried about 3% raise, one of the middle class and the poor or about the same raise? is it your patriotic duty to pay taxes? if the poor are concerned about their money going down, a lot of energy regulations are coming into effect that will cost electric costs to co-op which will affect the poor just as badly as it is the rich? host: mark from ohio, good morning. caller: all the power was taken from the epa and given to the nra. there is no fiscal cliff. there was another so-called fiscal cliff in 2008. give money to the billionaires and banks. when eisenhower took office, he gutted the military. taxes
mitch mcconnell and joe biden in talks. we will move to the jump page on some of the sticking points in this. democrats oppose it to let the tax cuts expire on incomes over $450,000 a year. host: that from inside "the washington post." ed is on the phone from michigan. good morning to you. caller: good morning, c-span. i have listened to some of what the democrats have said. the way i look at it -- if the rich, if they are worried about 3% raise, one of the middle class and the poor...
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the republican leader calls joe biden off the bench. this is kind of what we all have been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw it last summer in the debt ceiling debate. those two guys swooped in at the end and made a deal happen. when i talked to mcconnell's folks last week he said, you know, the vice president has been on the sidelines. we have not been contacted by them, by the president. it was an interesting move by mitch mcconnell to call joe biden today and try to jump- start these negotiations when they locked up with the majority leader of the democratic side. i think that will be something to watch here in these coming hours -- how does he play? there are democrats who are concerned that maybe they will cut a bad deal. they are feeling pretty good. well joe biden, in and emboldened the republicans or will be dems and together across pennsylvania avenue from the white house to congress? a big story line we are watching right now very closely. >> now that we h
the republican leader calls joe biden off the bench. this is kind of what we all have been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw it last summer in the debt ceiling debate. those two guys swooped in at the end and made a deal happen. when i talked to mcconnell's folks last week he said, you know, the vice president has been on the sidelines. we have not been contacted by them, by the president. it was an interesting move by...
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senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of erskine bowles and alan simpson. about three weeks ago or four weeks ago, they met with the president and members of congress and discuss their feelings afterwards with the press. erskine bowles said he felt there was a third of a chance that there would be a deal and a third of a chance no deal and a third there would be no deal until after we went past the january 1 deadline. i bet my co-worker the $5 that we were going over because i am thinking if you cannot get a deal for to the house on $1 million and above, to the tax policy center released a report about that abo
senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of...
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joe biden is meeting with house democrats. we are waiting for house democrats to come to the microphone here on capitol hill. in the meantime, we will go back to all of you. marissa in roseville, calif., democratic caller, go ahead. caller: thank you. i do agree with so many of the callers, be they democrat or republican. the bottom-line issue on his particular bill has to do with compromise. i am a senior. do i want my social security to be decreased? absolutely not, but i'm willing to give up a little bit because we all have to give up a little bit as americans. and i'm not happy with the fact that it is $250,000 or more. those who are making $250,000, that is a lot of money. they are kind of rich. but ok, i'm willing to go to $400,000 because it is about compromise. and we have to remind people that we did not get into this fix in the last two years, for years. we got into this fix in the last 30 years. we have two wars that were unpaid for. in order to pay for things, we need to increase revenue. the wars were there. they
joe biden is meeting with house democrats. we are waiting for house democrats to come to the microphone here on capitol hill. in the meantime, we will go back to all of you. marissa in roseville, calif., democratic caller, go ahead. caller: thank you. i do agree with so many of the callers, be they democrat or republican. the bottom-line issue on his particular bill has to do with compromise. i am a senior. do i want my social security to be decreased? absolutely not, but i'm willing to give up...
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republicans have reached an agreement joe biden is on capitol hill. we saw the vice president with harry reid. we will bring you more of this tonight. more now from the world in 2013 for somum. the discussion contains language some viewers might find objectionable. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk about the use of social media. it has been on everyone's lips the last couple of years. we have wonderful guests that are known for their engagement with their audience. i predict we are going to hear a little bit of criticism and push back on some of the wisdom of social media. first we will hear from the author of public parks. we also have the author of what will google do. he is an associate professor for journalism. give us your prediction. thanks. >> predictions are necessarily bullshit. the social media is bullshit. i don't agree with everything in that book, bu
republicans have reached an agreement joe biden is on capitol hill. we saw the vice president with harry reid. we will bring you more of this tonight. more now from the world in 2013 for somum. the discussion contains language some viewers might find objectionable. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk...
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Dec 30, 2012
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senator mitch mcconnell said that he reached out to joe biden and called joe biden to help him broker something. behind closed doors, the respective caucuses on both sides, taking stock. >> let's say that there was some sort of legislation taken up by the house, what is the timetable for getting this work done? >> there is always the difficulty of the time table. the house as a rule that requires legislation to be posted for three days before there is a chance to read it. that said there is a deal where there can be a much quicker movement. i know this sounds difficult for americans to think that there is still time, but there is still time. the tax rates do not expire until tomorrow at the end of the day. even if they do not do something tonight, there is still time tomorrow. even if you can get the machinery running to get those votes on the floor, it still takes the fire. >> normally the house and senate end on a monday through friday, of what is it like to come in on a weekend and covers something like this? how difficult is this to follow? >> it is the holiday season, there are d
senator mitch mcconnell said that he reached out to joe biden and called joe biden to help him broker something. behind closed doors, the respective caucuses on both sides, taking stock. >> let's say that there was some sort of legislation taken up by the house, what is the timetable for getting this work done? >> there is always the difficulty of the time table. the house as a rule that requires legislation to be posted for three days before there is a chance to read it. that said...